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BID OPENING
The reading of bids submitted for a job.

BID OUT
Prices that are obtained by contractors from sub-contractors so that they can estimate the building cost of a house or project, prior to construction.

BID PRICE
Price a purchaser is willing to pay for a certain item.

BID TIME
Time between asking for a bid and when it is due to be received.

BIDDING WAR
Multiple offers to purchase a piece of property or a house or competition between realtors for the listing of a piece of property or house.

BIDET
Bathroom fixture, similar in appearance to a toilet, which has water jets for cleaning the perineal area of the body.

BIENNIAL
Occurring every two years.

BIFOLD DOOR
Door composed of panels that are hinged vertically in the middle, which fold back upon themselves.

BIGENERIC
A hybrid that is created by crossing two different genera.

BILATERAL CONTRACT
A reciprocal contract in which the parties involved give mutual promises.

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